Could the NHL have a Flexible Cap?

In this week’s 31 Thoughts, Elliotte Friedman noted that there was an interesting proposal put forward for dealing with the cap. One team suggested that they adopt a “flex cap”, where unused cap space could be rolled over into the following season.
My initial reaction was that this was a terrible idea, for many reasons. To be fair though, there is something that already exists along these lines in the CBA. That would be the performance bonus cushion, a mechanism which allows teams to spend over the cap using performance bonuses. If a team uses the cushion and goes over the cap, a penalty is applied to their cap space the following season.
If you choose to look at it that way, performance bonuses are a way to “borrow” money from the following season, and this would be the inverse of that. That being said the “flex cap” is still the inverse of a good idea, a bad one.
What Problems does a Flexible Cap solve?
The current cap system has two main purposes; increase parity and limit player compensation. Is there anything about a flexible cap that improves on the current system? …

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Author: Earl Schwartz / The Leafs Nation

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